Procurement Engine as Process Matter Expert. RISK MANAGEMENT AS THE ENGINE OF PROCUREMENT SOLUTIONS & DATA INTELLIGENCE AS THE FUEL FOR VALUE CREATION

1. THE FUTURE OF PROCUR
PROCUREMENT
RISK MANGEMENT AS THE ENG
ENGINE OF PROCUREMENT SOLUTIONS &
DATA INTELLIGENCE AS THE FUEL FOR VALUE CREATION
Commercial
Services
Category Analysis
Category Planning
Negotiations Planning
Vendor
Innovation
Opportunities
Category
Management
Assessment
CapEx & OpEx
alignment with revenue
Maverick spend
identification (indirect)
ROI and TCO tracking
Savings realization
tracking
Spend
Management
Data intelligence
Contract
Services
Supplier
Services
Managing
Risks
Vendor
Management
Contract
Management
Vendor relationship
management
Strategy and contract
alignment
Vendor Portfolio
management
Registration &
Standardization
Vendor data Analysis
Clause optimization &
benchmarking
Vendor performance
management
Clause Library
Service Level
Agreement
Operations
Services
Vendor Operations
& Logistics
THE FUTURE PROCUREMENT ORGANIZATION WILL ACT AS AN INTERNAL CONSULTANCY OR
AC
SULTANCY
A SEPARETE ENTITY TO THE BUSINESS OR GROUP OF OPERATIONS.
GROU
WITH THE INTEGRATION OF RISK MANAGEMENT A
AND DATA INTELLIGENCE AS THE ENGINE TO
DELIVER THE 4 MAJOR SERVICES PROVIDED BY PROCUREMENT.